Real Estate Debt - Asset Manager
- London
- Full-time
- Property Investment Management
__jobinformationwidget.freetext.ExternalReference__
REF3973W
This vacancy has now expired. Please see similar roles below...
Legal & General is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.
Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.
Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.
We’re recruiting for an Asset Manager to support the ongoing management of Private Credit investments for funds managed by L&G’s Asset Management Division and, where appropriate, provide assistance and advice in the due diligence and execution of new transactions.
Primary responsibilities will include and be related to managing and monitoring the ongoing performance of investments across the Private Credit business with a focus on Real Estate Debt.
The Private Credit business within Private Markets currently manages over £20bn AUM across infrastructure, real estate, corporate and alternative debt products on behalf of a number of institutional investors and managed funds.
What you'll be doing:
- Ensuring that investment assets are appropriately monitored and managed in line with objectives and value is preserved or enhanced for our clients, ensuring deterioration in performance is highlighted at the earliest possible stage in order more intense monitoring and / or remedial actions can be undertaken as appropriate.
- Ensuring individual transactions are appropriately monitored through analysis of financial performance and covenant compliance. This will include review and scrutiny of borrower financial statements, compliance certificates, budgets and/or financial models, as well as engagement with management.
- Regularly meetings with borrowers which may include site visits on assets, to discuss operational and financial performance as well as raise issues on topics such as ESG.
- Ensuring any deterioration in asset performance is identified promptly and combined with proactive borrower engagement to discuss whether remedial action can be undertaken or is necessary.
- Producing and presenting of regular updates on the portfolio including quarterly reviews, focus lists, and waiver etc.
- Coordinating interaction with the internal Rating team and/or the Portfolio Management team in respect of the existing portfolio and assisting in the production of any related deliverables.
- Taking ownership of workstreams in relation to amendments and waivers and production of documents and investment committee papers where applicable, and according to the relevant procedures.
- Where necessary working with, and supporting senior colleagues, in the negotiation and management of stressed and distressed situations with a view to preserving value or maximising recovery for clients.
Who we're looking for:
- Strong working knowledge of debt capital markets and products with a particular focus on the real estate sector.
- Good technical skills across Excel, PowerPoint, and Word applications. Ability to use BBG helpful but not essential.
- Flexible and responsive with a keen attention to detail.
- Strong financial analysis skills required – with an understanding of credit risk, and the ability to analyse / sensitise financial models.
- Organised, focussed and self-motivated with strong communication (written and oral) skills. The ability to manage and prioritise competing workstreams and stakeholders is essential.
- A solid working knowledge of the relevant legal documentation types appropriate for the sectors is required.
- Collegiate approach and a strong team player.
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are the many discounts we offer – both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.
If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If you’re open to find out more, we'd love to hear from you.
Great news! We will let you know when a new job like this has been added!
VideoUrl
https://youtu.be/8ZYGBwImH08
Our businesses
There’s so much more to us than meets the eye. We’re insurers, investors, builders, city-regenerators and green technology champions. And whatever the future holds, our people’s knowledge, skill and passion will mean we’re placed to make a real difference to society.
Read MoreWorking for us
Here, your actions and ideas come to life in exciting and meaningful ways. Ours is a story of evolution, a journey we can go on together. Ours is a culture of trust and collaboration, genuinely caring about society and one another. At Legal & General, your story will be anything but familiar.
Read MoreSimilar roles
Salary
Location
Brighton and Hove
Business Unit
Legal & General Group Functions
Job Family
Tax
Location
Hove
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
We’re Legal & General, one of the UK’s leading financial services groups. We’re looking for a strategic and collaborative Head of Product Taxes to join our Group Finance team. This is a unique opportu
Reference
22c0154f-d12e-41b6-9054-30d31067fe14
Expiry Date
01/01/0001
Salary
Location
Cardiff
Business Unit
Legal & General Retail
Job Family
Marketing
Location
Cardiff
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
We’re recruiting for a Campaign Manager to join us. Are you a strategic thinker with a passion for creating impactful marketing campaigns? Join our Retail Protection B2B Marketing team as a Campaign M
Reference
fd84931c-e741-4bd6-abc2-fb7c9a3ab875
Expiry Date
01/01/0001
Salary
Location
London
Business Unit
Legal & General Retail
Job Family
IT & Change
Location
London
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
We have an exciting new opportunity for a Lead Engineer to join our expanding software development team. In this pivotal role, the Staff Engineer will leverage extensive skills and experience to lead
Reference
108ef02a-6d75-49f9-b974-e272f07a5615
Expiry Date
01/01/0001
Our latest posts
%5B14%5D.jpg)
Teaser
GeneralContent Type
BlogPublish date
06/26/2025
Summary
At L&G, we know Pride is more than a single month in the calendar; it’s a mindset we carry year-round. Our theme for this year, ‘Committing together, united in pride’, reminds us that progress is

by
Enrique Rodriguez

Teaser
Future TalentContent Type
BlogPublish date
06/19/2025
Summary
Starting your career journey is an exciting milestone, and finding the right opportunities to develop your skills and gain valuable experience is essential. At Legal & General (L&G), we are prou

by
Enrique Rodriguez

Teaser
Finance & ActuaryContent Type
BlogPublish date
06/19/2025
Summary
The finance sector is transforming faster than ever, with new technologies, complex regulations, and evolving business models shaping the way organisations operate. At Legal & General (L&G), t

by
Enrique Rodriguez

Teaser
Finance & ActuaryContent Type
BlogPublish date
06/04/2025
Summary
Tax careers at Legal & General (L&G) are about influence, integrity, and impact. As one of the UK’s leading financial services companies, we rely on our tax professionals to help shape strategic

by
Enrique Rodriguez

Teaser
GeneralContent Type
BlogPublish date
05/29/2025
Summary
London has long been a magnet for ambition, a global city where industries evolve, opportunities multiply, and careers are built. There’s something for everyone, from experienced professio

by
Enrique Rodriguez

Teaser
Customer Service & SalesContent Type
BlogPublish date
05/29/2025
Summary
At Legal & General (L&G), customer satisfaction is our top priority. It’s more than answering questions. It’s about making a real difference in people’s lives. From the Pensions Helpline to Grou

by
Enrique Rodriguez

Teaser
Executive LeadershipContent Type
BlogPublish date
04/25/2025
Summary
The traditional top-down leadership model is becoming increasingly obsolete. In today’s complex, fast-paced world, the most effective leaders are collaborative, emotionally intelligent, and, most i

by
Enrique Rodriguez

Teaser
Finance & ActuaryContent Type
BlogPublish date
04/24/2025
Summary
In an era where data drives decision-making across every industry, the role of the actuary is evolving at an unprecedented pace. At Legal & General, we recognise that the traditional actuarial

by
Enrique Rodriguez

Teaser
Technology, Digital & DataContent Type
BlogPublish date
04/24/2025
Summary
Digital transformation is no longer a future ambition; it’s a present-day imperative. As organisations accelerate their adoption of emerging technologies, the role of IT professionals has

by
Enrique Rodriguez

Teaser
GeneralContent Type
BlogPublish date
04/02/2025
Summary
At L&G, we pride ourselves on putting our people first and caring about every individual and their future. That’s why we offer a range of employee benefits, to help you manage your money, your h

by
Enrique Rodriguez